and its real-life champion is xi jinping.made a big departure from decades of a very different chinese foreign policy. to understand how, we need to remember china's first leader mao zedong. mao was one of the world's most notorious revolutionaries, held bent on destroying western capitalism. >> retracted guerrilla war accomplished its ames. >> inspiring and aided insurgencies all over the globe. >> burma, thailand, malaysia, the philippines, the kaka mere ruth in cambodia. >> they called it the marxist movement. >> in america the shining page movement. >> even a nuclear apocalypse was acceptable to mao in his great struggle. if worst came to worst and half of mankind died, he said, imperialism would be raised to the ground and the whole world would become socialists. mao's successor xiaoping had a popular approach. his main goal was to make his poverty-stricken country rich, so he opened its borders to trade and saw peaceful coexistence with the west. >> dong xiaoping came up with a theory he called hide your strength and bi

how did he become this xi jinping? >> xi jinping making a veiled threat against the united states. anyone who tries to bully china, he says, will be banging its head bloody against a great wall of steel. >> this indelible phrase that struck people around the world. >> many china scholars do not recognize the xi jinping they see now. >> i don't think any of us saw the kind of dictatorial, sycophantic dictator he has become. >> china is more of a dictatorship from xi jinping. that's a recipe for danger. >> xi jinping is the most repressive leader they've seen. in a matter of months, he has handed down dozens of orders. they see great control in everything from technology to education to entertainment. >> things as simple as who you can admire in the movies. every single piece of entertainment culture. >> no more effeminate men in china. they call them sissy men. also forbidden? karaoke songs that endanger national unity. many video games no longer allowed. >> the china public says, hold on, you want control of what's in my heart and in my mind. what's left for me? that's a very dange

remember they had xi jinping at mar-a-lago, he told him he just launched strikes, and or a chance toraq. and president trump did not hesitate to take that strike again, i bet that got a lot of attention in moscow and beijing to say nothing of tehran, that is how you project strength, you are willing to engage in limitd military actions and conflicts as ronald reagan did as well with a view of avoiding larger military connected. mark: with all talk of trump, and undermine nato, nato got stronger under trump. the united states military was build up. and you say, putin says in his box. communist china of the nervous about what was taking place in iran. iran was crumbling, now in 12 short months it has been reversed. and i don't know if we're at precipice of war or not bbut one damn ugly situation, senator cotton thank you so much for being such an important voice out there, thank you, sir. >> thank you, mark. mark: we'll be right back. (judith) in this market, you'll find fisher investments is different than other money managers. (other money manager) different how? don't you just ride

trust in xi jinping is at an all-time low.as a global leader is at an all-time low. >> when you look at xi jinping's image at home though, is it fair to say when you look, for example, at the dominant issue now, which is covid, the chinese regime is presenting itself as being probably uniquely successful at dealing with covid, with the zero covid policy? i think the last number i saw for deaths in china was something like certainly under 5,000 and the number for the united states is about 825,000. what does that -- the united states has 165 times the number of deaths. is xi jinping able to state and does it resonate, look, we handled the biggest crisis of our times pretty well? >> look, certainly, i think when you look at the number of deaths, china has a terrific story to tell. it's been very aggressive arresting the spread of the virus in ways the united states has not. i think -- and xi jinping has sold that story and sold it effectively. on the other hand, i think moving forward it is more difficult for china. i think this

north korea or vlar putin or xi jinping, they should view them as republicans, thank you very much.ur input is very important and your voice is very important. take care of yourself. >> thank you, mark. >> we'll be right back. ♪3, 4♪ ♪ ♪hey♪ ♪ ♪are you ready for me♪ ♪are you ready♪ ♪are you ready♪ look, serena williams... matrix... serena... matrix... serena... matrix... ♪ .. le. it was proven superior at helping people stay alive and out of the hospital. don't take entresto if pregnant; it can cause harm or death to an unborn baby. don't take entresto with an ace inhibitor or aliskiren, or if you've had angioedema with an ace or arb. the most serious side effects are angioedema, low blood pressure, kidney problems, or high blood potassium. ask your doctor about entresto. ♪♪ chef, can we hire another hostess? umm... psst. yeah. i was gonna add an exclamation point. thank you. clover does that. this is really good. secure payments, the tools you need, people who can help, we do that. talk to a clover business consultant today do you struggle to fall asleep and stay asleep? qunol slee

she jinping has pledged it will double its income -- g jinping -- g jinping -- xi jinping has pledgedll double its income. that is what i think we need to look forward to to see whether he can make that happen. they have a lot of issues. they have a pension system that is overburdened. an educational system that people can't -- many middle income people can't tap into. marriages have dropped by 40% since 2013. the divorce rate is skyrocketing. they are having fewer children than they have had at any point in the contemporary history in the people's republic of china. that is 70 years. that means the number of young people, the most innovative and early adopters of technology, that group is declining in china and has been declining since 2012. there are a lot of longer-term challenges being put into this system that the president is trying to wrestle with. i have not seen any forums in place that will address those challenges. kailey: risk number four is china at home. you say the conditions in china won't undermine political stability. what about geopolitical security. -- geopolitical

what message does that send to xi jinping what he can get away with regarding taiwan?egan in the previous administration, trump pushed back very hard economically and we give him credit for some of that, we have issues there to be sure and it's only his defense budget in the right direction and he revised the quad alliance but we should have hammered china for crushing hong kong's democracy like that. china should happen hammered also not only for deceiving us about covid but for spreading covid. at the previous president north this president has really taken china on for spreading covid worldwide, march the i think because president xi jinping felt his economy would suffer in western democracies in the u.s. to suffer. there's been a general lack of accountability for crushing hong kong's democracy and also for covid. paul: all right, we will see if the biden administration it's by this year. appreciate it. when we come back from next week's oral arguments on the biden administration mandates, gun rights and abortion, 2022 shaping up to be a year on the supreme court.

liz was on the ambition of xi jinping. what she sees now is the mobile extent of what he is trying to do. you see it in china's ambition in its own region. we can see crisis in the economic world globally. this tension between xi jinping's leadership style and the extent of those ambitions. xi jinping faces a log of real challenges. he may be his own worst enemy when it comes to a lot of this. you have xi jinping not having left china in a few years. you see this gap between ambition and ability. tom: you are an expert in another time and place about china's and the u.s.'s fractious relationship. there is -- who is the george marshall for the president to get this done? daniel: what you see that is similar between that time and now is in spite of the -- to spite the -- there is a similar fight today among different parts of the administration to decide just how tough we need to be. you have someone like john kerry trying to find ways to work with china on climate change. you have others at the pentagon trying to craft a to

this is something xi jinping has made very clear. the core leader leads the party.hen you have things the core leader can never be wrong. the party also cannot be wrong. so you put the party leaders and officials at the provincial or local level in an impossible position that they have to get it right, and getting it right means delivering the right result, and if they hear directions from above and that policy happens to be wrong, they are responsible for the mistake. likewise if they use initiative and try something different and that does not work, they are left holding the -- as well. -- the blame as well. >> xi jinping is expected to seek a third term. president sxi arguably is certan he is going to get his third term, but at the same time, he needs to demonstrate he is running a stable country because stability is core to the tenants of the communist party, isn't it? >> well, stability is certainly the keyword for the central government economic work conference in december. i can see from the economic perspective that means china has to maintain a level of gro

yesterday, xi jinping has been more cheerful. he has a different ideology, and antidemocratic ideology. it is a more successful system than the russian system has to offer now. but, they are united in their response to the liberal democratic world and yesterday was a deep powerful response to say, yes, we understand that this is an ideological competition and we are ideologically aligned in this competition. david: a brief follow-up, michael. do you think we are making them nervous by stressing democracy? michael: they would be nervous whether you stress it or not. that is a great question. i am writing a book now about lessons from the cold war for how to deal with china and russia. i think there is a really important lesson. david, you and i could sit here at stanford in the faculty lounge and say, it would be better if we were just more realpolitik about what we will do abroad and not talk about democracy and just forget about it. i want to be clear that we need to manage this ideological contest and -- in ways we did not mana

this is what xi jinping specifically had to say. really talk specifically about property but he did say we need to resolve various risks and promote the study recovery of the world economy. he goes on to say that the fundamentals of the chinese economy are unchanged. it remains resilient, sufficient potential, and long-term prospects are positive. it is the short-term issues that we need to know about because that is what is throwing the bond markets into a tizzy. throwing some cold water on the long-term potential at least right now. david: stephen engle there. 2014, that takes you back to the year when the deleveraging campaign, that is when that got started. that is when oil prices, as you see on your screens, were last trading at these levels. that is also the last time the boj was exciting, a brief look across these ones. mainly driven by this rise in commodity prices. haidi: what does it say when you expect the central bank to stay on hold but we are so excited about the inflation guidance? let's take a look at commodities eve

how much of a threat is this to the credibility of xi jinping as chinese leader. i think that china can withhold for example, if there's an outbreak, i think for one month of quarantine um we can predict that china and the population will be able to deal with it for one month. but you know if it carries on and the virus spreads and then we have entire cities and ports in lockdown of more than six months or leading up to six months, people will definitely get frustrated and people will lose their jobs and companies, global supply chains will be hit. and i think of course the xi jinping government also wants to keep people happy with the government and they know that anything beyond one month of lockdown will definitely get people very frustrated at towards the central government as a as a journalist, where do you where do you see that situation leading? you've got the problem with lockdown, the threat to the economy you've got the public health threat, how is that going to be knitted together or how is it going to impact china in a in a drastic way? potentially. ye

moments ago you said what will the ukraine situation mean for xi jinping as he eyes taiwan. when do you expect china to invade taiwan? >> well, i think xi jinping believes today that his military is capable of invading taiwan. they can execute that operates and if he gives the order. if america doesn't come to its support. there are reasons why he might not do that imminently like the winter x coming up or the party congress later this year was the chinese communist party will give him the unprecedented third term in power, but after that , i think when the geopolitical conditions are right, maybe when the weather data is suitable in the taiwan straits especially if the vladimir putin pulls off an invasion of uke-- ukraine you could see xi jinping go for the jugular in taiwan and that's why it's important we stand by our commitments around the world and that we be especially clear that we will come to taiwan's support to defend its democracy and its autonomy. maria: and quick before you go, senator, you were among the few who wanted a total boycott, not just diplomatic boyco

one of president xi jinping's guests is expected to be russian president vladimir putin.cotts of the winter games. >> together we stand against the politicization of sports and boycott. we support the olympic values above all the quality and fairness. >> martha: in a moment, tom cotton of arkansas. first, aishah hasnie live on capitol hill. hi, aishah. >> michael mccaul believes that china is on deck to invade taiwan. just this weekend, we saw them lunch 39 aircraft near taiwan. the largest show of force in months. look at this, martha. a stunning new analysis by the atlantic council. i shows chinese influence greatly expanded over the last 20 years while u.s. power on the other hand has waned in key regions. so what can we do about it? house democrats say they're going to introduce a china competitiveness bill, which would boost american chip production. and john kirby just said today that the u.s. has a responsibility and is ready to help die a want defend itself. republicans like mccaul says the u.s. should do more. wrap up their presence in the region right now and ar

chinese president xi jinping sounded a warning on rising interest rates, a warning for all governments. >> the global low-inflation environment has notably changed. and the risks of inflation driven by multiple factors. as major economy slam on the brakes or ticket you turn in their monetary policies, there will be serious spell loss. they will prevent -- present challenges and bell up in countries will bear the brunt of it. -- in developing countries will bear the brunt of it. rishaad: this is also boj day. there is talk about them having talks about perhaps a slight normalization in interest rates there. these price pressures perhaps give kuroda a little bit more wiggle room as it were. the yen went down. it has bounced straight back up. looking at it at the moment. the bank of japan, people waiting for what it has to say, what it has to say about its economic assessment may be more important than what it actually does. there you go. haslinda: you are right and the market has been pretty nervous. yields have been writing -- rising in the lead up to this particular meeting. there will

yesterday -- xi jinping has been more careful. he has a different ideology, a democratic ideology. it's a much more successful system than the russian system has to offer right now. but they do -- they are united in their response to the liberal democratic world. yesterday was a pretty powerful response to say, yes, we understand this is an ideological competition and we are ideological aligned in this competition. >> just a brief followup, michael. do you think that we're making them nervous by stressing democracy. >> they would be nervous whether you stressed it or not. i'm writing a book over lessons of the world war and how to deal with china and russia. this is an important lesson. david, you and i can sit here at stanford in the faculty lounge and say, you know, it would be better if we were more real politic and not talk about democracy and forget about it. i want to be clear, we need to manage this ideological contest in ways that we did not manage it in the cold war that led to travesty. many of the lessons from the world war are ones not to be repeated in my view. even if

we saw this back in 2012 when xi jinping needed to consolidate his power base. an anticorruption campaign. this is a reaffirmation that this anticorruption campaign is ongoing and consistent. it is not being phased out on state owned enterprises, on the financial sector. on this communique thing from the anticorruption watchdog of the chinese communist party, it essentially also targets big tech and how big tech evolved from being just social media platforms and e-commerce to fintech players with outsized influence on society and perhaps outsized influence that overshadows the communist party with its collection of data. the grip that the tencents and alibabas had on society. when you straddle financial and technology sectors, you will com e under scrutiny, as we have seen with alibaba. this communique says in addition to reasserting the anticorruption pledge on other parts of the economy, we are then going to zoom in on corruption underpinning the "disorderly expansion of capital as well as monopolies." the bottom line says breaking the ties between money and p

what putin and xi jinping have in common here is actually the desire to undercut u.s.bility, to drive a wedge between washington and its allies. whether they're in europe or in asia. i think xi jinping likes the idea that nato would be weakened and that there would be doubts about america's ability to defend other democracies. >> if an invasion does happen, or partial invasion, or whatever, and the west does apply the serious sanctions it threatens, how might china perhaps move to mitigate those sanctions, help russia out? >> well, there's a lot that china can do sort of behind the scenes in backfilling. in other words, in providing some of the forbidden goods that russia can no longer get overtly from the west and providing financial, other forms of support. but there are real risks for beijing in that. i think that china clearly wants to avoid getting caught in the crossfire. they don't want to be lumped together with russia as a target for u.s. or european sanctions. they don't want to alienate the europeans so much that it hurts china's economic interests and other

. >> the entire argument is nonsense it's politics coming from xi jinping were portly the biggest threato supply-chain is with china 0 covid policy and what can happen in the first quarter with omicron the chinese government with the western government does not have them would never use in terms of shutting down and locking down everything that may not work to omicron because it's so transmissible and worked in previous variance and will see if it works now if it's causing enormous amount of stress in the system that means there's a potential in the first quarter you could have widespread lockdowns and widespread apply chain crashes route china and the global system. we are looking at the potential for q1 to be the worst since the pandemic began. cheryl: we got growth numbers about gdp 8% plus for the year, 4% in q4. moving on to where the country is now what happens with the olympics there is next month there's been diplomatic boycotts but now you're facing a situation with all the athletes and big corporations left and right that will be heading to beijing and made all of the 0 covid p

unfortunately we see folks like xi jinping, vladimir putin, and autocrats and dictators in the world doing what they want with impunity given the leadership or lack there of from the biden administration. china is our greatest threat from a military economic and technological stand point. they have gotten stronger over the last year, unfortunately that is a trend i think we'll continue to see throughout the biden administration, when the response to these things, genocide against the uighurs and other things biden response is they are friendly competitors, not adversaries. trey: surveying the globe with former director of national intelligence from the great state of texas john ratcliffe. >> crime continues to surge across the nation, including a career o -- o. >> ahead on "sunday night in america." mass general brigham. when you need some of the brightest minds in medicine, this is the only healthcare system in the country with five nationally ranked hospitals, including two world-renowned academic medical centers, in boston, where biotech innovates daily and our doctors teach at ha

why is it that joe biden has yet to raise the origins of the pandemic with xi jinping.misleading us, telling us that he has. is there any evidence that he has actually raised this with xi jinping from your standpoint? dagen: no. he seemed to be making it up. he was clearly confused at many points in the press conference yesterday. he even couldn't, as the new york posted tore y'all points out, -- post editorial points out, he couldn't remember what he said last week, insisting that he compared opponents of the ending the senate filibuster rules to pass the election laws to bull conor and jefferson davis. he acted like he never said that. but that was the implication. and in terms of what his press team has said about this virtual summit he easy had with xi jinping, -- he had with xi jinping, jen psaki told reporters that biden pushed for transparency more generally but not directly pressing xi jinping on the origins of covid and joe biden was even asked about it in december by the new york post and he smiled at walked away. so i think he's just making it up. and he know

so this is an interesting thing about when xi jinping and other beijing leadership knew about this and one thing i exploited in detail in in the book is why? former president trump was why he kept publicly praising china for its cooperation and why he kept publicly tweeting saying xi jinping was being transparent when there was, you know, the greatest cover-up we've seen was actually taking place and part what i found out was that there was a school of thought that that the chinese president didn't know and so they were trying to encourage cooperation and that by kind of march april they realized that trump administration realized that no this act was a cover-up. very early on you know, mike pompeo as early as january. he says in an interview for the book that he realized the united states was getting the shutout so he kind of hear that from a very early point. he compared it to the movie the sting. but you know in time in terms of what i've uncovered i think for school classes to be shopping down in november. where they were infected students that's a very clear sign that authorities

unfortunately we see folks like xi jinping, vladimir putin, and autocrats and dictators in the world are doing what they want with impunity given the leadership or lack there of from the biden administration. china is our greatest threat from a military economic and technological stand point. they have gotten stronger over the last year, unfortunately that is a trend i think we'll continue to see throughout the biden administration, when the response to these things, genocide against the uighurs and other things biden response is they are friendly competitors, not adversaries. trey: surveying the globe with former director of national intelligence from the great state of texas john ratcliffe. >> crime continues to surge across the nation, including a career o -- o. >> ahead on "sunday night in america." [sfx: radio being tuned] welcome to allstate. ♪ [band plays] ♪ a place where everyone lives life well-protected. ♪♪ and even when things go a bit wrong, we've got your back. here, things work the way you wish they would. and better protection costs a whole lot less. click or call for

unfortunately we see folks like xi jinping, vladimir putin, and autocrats and dictators in the world are doing what they want with impunity given the leadership or lack there of from the biden administration. china is our greatest threat from a military economic and technological stand point. they have gotten stronger over the last year, unfortunately that is a trend i think we'll continue to see throughout the biden administration, when the response to these things, genocide against the uighurs and other things biden response is they are friendly competitors, not adversaries. trey: surveying the globe with former director of national intelligence from the great state of texas john ratcliffe. >> crime continues to surge across the nation, including a career o -- o. >> ahead on "sunday night in america." holidays, graduations, i'm covered for everything. which reminds me, thank you for driving me to the drugstore. earn big time with chase freedom unlimited with no annual fee. how do you cashback? chase. make more of what's yours. we have to be able to repair the enamel on a daily basi

xi jinping has called on nations to secure supply chains and prevent inflation shock. he addressed to world economic forum by video link. china is seeking to limit economic instability as xi jinping seeks to keep power in the second half of this year at the leadership conference. >> the fundamentals of the chinese economy are characterized by resilience, potential, and sustainability. we have every confidence in the future of china's economy. >> the balance sheets of ireland's biggest banks have risen by two thirds since the brexit vote according to an irish trade group. banks regulate by the ecb saw their balance sheets grow from 300 billion euros at the end of 2015 to 500 billion in july 2021. citigroup, barclays, and bank of america are among those to set up expanded units in ireland. more than 70 employees fired or disciplined amid efforts to address allegations of sexual harassment and misconduct. the wall street journal says -- worried about activision's reputation. the company was accused of fostering a frat boy culture of discrimination. global news, 24 hours a

we heard president xi jinping saying he has full confidence in the resilience of the economy.e address the property sector woes specifically or give any indication of how policymakers are approaching this? >> the chinese leadership is in constant pursuit of stability. in taking on big tech and macau and education firms and property all at once, it is not necessarily the recipe for stability. but there is a longer-term game going on and in a politically charged year. you have the olympics in about three weeks. you have the party congress in the fall where he is solidifying his central claim on a third term. you have to question what the endgame is here when you see property accounts for more than one quarter of gdp growth, and we saw a slowing of gdp yesterday in the fourth quarter numbers. the headwinds are there. the policy is in place to add headwinds with the endgame perhaps of returning the state to dominate the property sector where they could cut off any potential risks of over indebtedness with a reckless disregard for financial stability in private property developers.

>> are you suggesting the president wasn't being honest about his own conversation with xi jinping? >> no but the story did change in he was asked inside he was directly asked about the covid origins. >> we don't share every detail, you know that. the president answered a direct question a week ago i think it was a week ago and provided that information. >> when was the last time the president talked to justice breyer? >> i don't have any more details about their communication. >> there seems to be agreement among some legal scholarships, is it your understanding that the vice president can be the tie breaking vote? >> i would have to check on that. >> on the supreme court commission, they finished a report from a hazmat president had a chance to review this on any input? >> he's received a report, i don't have an update at this time. >> the china bill, the president last night in a statement set work on a package in the senate, not to mention the house, foreign affairs said it was -- [inaudible] are you involved in this and if so in getting this led bipartisan package eventually? w

one and only one party in china, the communist party led by the one and only one man, xi jinping who has been elevated to the status of a demagogue like mouse a go. three, a sink secret police. beijing depends on a police force directed against so-called enemies of the regime. and point of fact the national network of forced labor camps still exists in china and is populated by untold numbers of political prisoners. number four, party control of masking indications. through the 90 million members and unlimited budget the ccp controls all means of masking medication, especially the social media. the majority of the chinese people know only what they read or see or hear on the government run media. for them for example, there's no such thing as the tiananmen square massacre. number five, party control of the military. all major military decisions are approved by the central committee of the communist party in accordance with miles maxson political power grows out of the barrel of a gun. and finally, six. a centrally controlled economy. here one could argue socialism with chinese charac

putin going to be at olympics with xi jinping, and u.s.nt, as they are still hoping to reach a ho diplomatic agreement tensions rising 150,000 troops on border of ukraine. >> xi and putin bowsom buddies not surprising he supported russia's position vis-a-visb ukraine because china as we know occupying territory on indian border occupying territory south china sea threatening to invade taiwan. and, again, if we don't like that, that vision of the world, we need to stand up, so i think it is good the president biden is saying trying to make clear that to put that there will be consequences if russia should invade ukraine world needs to stand together this russia-china access is certainly concerning maria: look, i mean we're talking about, oil prices, up this morning, above 88 dollars a barrel highest price since october 2014. your thoughts, on the impacts here as it xaerz this conflict is going to be impacting american people, how is russia potential invasion of ukraine impacting price of oil what is impact there on america? >> well, it is a

now, president xi jinping is already the most powerful chinese ruler since chairman mao.d this autumn, we are expecting him to be confirmed for a third term. that looks all but certain. but it remains a politically sensitive moment and president xi does not want rising covid cases to complicate that. he has, though, talked of life beyond covid. translation: we must do everything necessary to clear the shadow - of the pandemic and boost economic and social recovery and development so that the sunshine of hope may light up the future of humanity. and that is the rub — how to move clear of "the shadow of the pandemic" when that will involve letting the virus in with all of the uncertainty that comes with that. the eurasia group cannot see that decision being taken in the short—term. in a recent report, it concludes: and as we consider this, bear in mind what the world health organisation recently said about the uk. i'm saying i can see where the end is, i can see light at the end of the tunnel, but i really do anticipate, right throughout the world, a bumpyjourney ahead duri

. >> i that i probably president xi jinping would not be ecstatic if putin chose that moment to invade ukraine. so that may affect his timing and his thinking. >> it's a really interesting point. margaret joins us now. so you have? reporting on whether president biden would want to personally sanction the russian president. >> reporter: well, norah, the u.s. could sanction putin, but at this point the white house has not decided to do so. according to sources i speak to, if you do that it creates some technical complications. if you sanction someone you have to negotiate with, how do they travel? coordinationwise, it also gets complicated. what may be more effective as a strategy is putting pressure on the oligarchs close to him, their business inttstheir accni brenn, thank you. rects a lea vid, re americansld die from the virus over the next four weeks. the u.s. now averages more than 2,200 covid deaths a day. that's a 21% increase since last week. meanwhile, the federal government started the distribution of 400 million free n95 masks from its strategic national stockpile at pharmaci

vladimir putin and xi jinping as the united arab avenue and morris today intercepted and destroyed anothert all the dobby-- abu dhabi. a third attack on the uae in three weeks, general. there is that as well, around backing them whose striking at abu dhabi. >> i think recently we took them off the list of terrorist states, which was crazy. we are looking the other way. when you look at this and focus on russia instead of focusing on all of the other problems out there-- now very candidly i think part of it is he doesn't have the team in place to do that. i think it's a weak national security team and i think it's led by president biden and they are almost walking past the graveyard. i'm not just talking national security that you see, but look what is done on immigration, it's the same thing, look at inflation or anything that's happening domestically, almost like they are a step behind and they aren't catching up to the events going forward and i blame that a little bit on his team as well. just doesn't have the right team in place and all of these things are starting to cascade towards u

the project initiated in 2013 by xi jinping finances infrastructure in 70 countries representing 60%f the world population and one third of global gdp. for beijing, morocco has a strategic location connecting africa and europe. the fundg consists of loans to governments and critics say the belt and road initiative would make poorer countries in africa beholden to beijing unable to repay the debt. >> china's influence increasing in africa. that deal struck with morocco. spain isn't the first country you would think of when it comes to the issue of animal-rights. a new law has come into effect on wednesday and spent the recognizes pets as living, senti and beings for the first time. spanish courts will now consider a pets welfare when couples divorce or separate. >> these dogs don't know it, but they are getting more protection under spanish law. their welfare will be taken into account when couples divorce or breakup. that is part of legislation that recognizes animals as senti and -- sentient beings. >> we always used shared custody to dermine. now, the court will have to determine w

funds to skip in the backbone they say of the market ahead of the lunar holiday even president xi jinping chimed in on the discussion saying central banks in the west should not slam on the brakes when it comes to policy. kelly? >> fascinating china also in the spotlight how it could, i don't want to say intervene, but as the crisis in ukraine plays out, the role it might play one way or the other here is increasingly under watch. >> reporter: yeah. absolutely chinese have been relatively quiet on the whole as to what they would actually do if there were to be some sort of crisis, but we did hear from the foreign minister the foreign ministry said the foreign minister had a phone call with the secretary of state antony blinken in that phone call made an unusual move by saying to the u.s., they shouldn't hike up the crisis but also described russia's security concerns as reasonable, and said that they should be addressed. so it's still unclear exactly how far china would back russia, if there were to be some sort of crisis or invasion, but at the same time, what also is going on in the bac

what does president xi jinping -- what is president xi jinping going to do?nalyst puts it, we are entering this age of rest after 20, 30 years and a golden age of cheap access to credit and debt field spending across many private developers. the real state sector was one of the few sectors in china dominated by private developers. what we are seeing is state funds increasingly come in pit in that landscape where state funds begin to dominate, one big question investors should be asking themselves is where the opportunities are and where the risk is if state farm's come in. there is a risk we could see the return of this issue of moral hazard. this is a fundamental change in the nature of the moral landscape. it will have far-reaching consequences for investors. shery: we know they dodged on onshore default so what is next for them? >> evergrande kicking the can down the road again. most investors are expecting some kind of unavoidable haircut on the bond appeared all this means is investors are docketing paid still. what we are looking for is any kind of find

four phone calls with the leader of the chinese communist party, xi jinping. >> yeah.her example of just how weak this administration is. and contrast it to president trump. president trump was the first president to truly stand up to china, to take the fight to china and say we're not going to tolerate all the things you're doing in international trade. we're going to stand up and project strength from the oval office. and then now you have joe biden where we get masks from china, and you -- i would go back to early on in the administration when our secretary of state was in anchorage, alaska, meeting with his counterpart, and the treatment -- maria: yeah. >> -- secretary blinken allowed the chinese, the lecture he got from them. that would never happen to mike pompeo in a president trump administration. first, they wouldn't have tried it. and, maria, if they did do it, mike would have flipped the table over and said you don't talk to us that way, we're not going to tolerate that. tony blinken just shatt there and took it -- sat there and took it. the fact that there'

phone calls of president biden's, one with ukrainian president zelensky, the other with ccp head xi jinping answer is that we did, i did raise the question of transparency. i've spent a lot of time with him. he, in fact, he's just not being transparent. maria: not being transparent, that's it. coming up, former director of intelligence john ratcliffe on the origins of covid-19 and the intelligence behind china and russia's deceptions. plus, joe biden moves to protect the ukraine border but blows off his own southern border. mexican cartels are making $100 million a week on human trafficking. drugs made in china have become the number one killer of americans as texas governor greg ab a bot told me weekend. >> of the age group 18-45, this past year more people died of fentanyl than from covid, car wrecks, than from cancer. this is deadly, and we have a president who is allowing it to continue coming across the border. it's coming from china, through mexico to the united states. a deadly dose of fentanyl is 2 milligrams, smaller than two grains of salt. and before the end of this year, there w

it is a nightmare for xi jinping, politically, socially, and economically.n some ways, feels like it would have been better to get it all out of the way now and then not have it. i am looking forward, for example, to organizing a bowling night in two weeks when omicron has passed. the effects on the economy, we are seeing them come through with manufacturers. volkswagen had to close production, toyota. airbus have to stop production. do we expect that to see that get worse and worse, and what can xi do about it? andrew: we are starting to see rolling quarantines, rolling travel restrictions right across factories, china. as you say, major car companies operating out of china. right now, holding the line is absolutely critical for xi on so many different levels. the first is, their vaccines are far less effective against omicron than mrna vaccines. they still use the traditional method. also, they have almost no natural immunity. their success, paying for the early success in containing covid, right now. matt: thanks for joining us, andrew browne. the bloombe